Caught in a Crypto Scam: My ₹61,494 Loss and the Silence of the System

Title: Caught in a Crypto Scam: My ₹61,494 Loss and the Silence of the System

Date of Incident: 06 March 2025

In today's digital world, opportunities and traps both come in the same disguise — quick money. I learned this the hard way when I fell victim to a cryptocurrency trading scam through Telegram and WhatsApp. This post is not just my story, but a warning and a wake-up call for others like me.

How It Started

On March 6, 2025, I was contacted by a trader through Telegram who then shifted the conversation to WhatsApp. He promised high returns on small investments in crypto exchanges. Trusting his confidence, I started with a ₹1,000 investment. I was told the exchange rate was ₹699, and shortly after, I was shown a fake return of “₹3,000 paisa.”

Feeling convinced, I continued:

  • ₹2,000 next
  • ₹5,000 after that
  • Followed by ₹15,000
  • And finally ₹14,998

Each time, the scammer promised returns of ₹25,000, ₹39,388, and even ₹1,11,984. But there was always a "next step": pay withdrawal charges, pay CGST and SGST, or the transaction won’t complete.

I ended up paying ₹61,494 in total.

Systemic Silence

When I realized it was a scam, I immediately approached Hirakud Police Station in Odisha. But the response I got was disheartening. The officer in charge said, “This didn’t happen in our jurisdiction; we can’t help you.” It felt like justice was tied to borders, not to victims.

I reached out to the Cyber Crime Department, but they responded that only frauds above ₹2,00,000 would be investigated under current policy. I even mailed the SP (Superintendent of Police) of the region — but no reply till date.

Proof and Documentation

I have all the WhatsApp chat screenshots, payment proofs, UPI transaction IDs, and scammer numbers saved.

📌 Where to include the images in your blog:

  1. At the beginning: Screenshot of first WhatsApp contact and Telegram chat.
  2. Under each transaction section: Include payment proof (blur sensitive UPI info).
  3. At the end: Screenshot of unanswered emails to SP and Cyber Cell, and the police station visit details.

What I’ve Learned and What You Must Know

  1. Never trust unsolicited investment offers on Telegram or WhatsApp.
  2. Always verify with SEBI-registered traders before putting in money.
  3. Once you send money through UPI, it's nearly impossible to get it back.
  4. Local police and even cyber crime laws currently don’t protect small-amount fraud victims — a serious gap in our system.

Final Message

This blog is not written for sympathy but as a cautionary tale. If I can prevent even one more person from falling into this trap, my loss will find some meaning. I only hope the system starts listening — even to the smaller voices.

#CryptoScam #OnlineFraudIndia #JusticeForScamVictims #OdishaPolice #CyberSafety



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